A diversified approach

Diversification is an important investment tool for managing risk. A mix of assets helps the board secure the basic pension for every member.

Municipal Pension Board of Trustees sets a long-term asset allocation mix that it believes will best achieve its primary pension security goal: to secure the basic pension for every member.

Investment holdings

The breakdown of the plan’s types of investments shows how the portfolio is diversified.

The plan’s investments are well diversified to cushion against lower returns in any one asset category. This diversification allows the plan investments to achieve a higher return at a lower risk level relative to a less diversified fund.

Investment holdings ($ billions)
as at December 31, 2022